The forecast for lime sold or used for chemical and industrial uses in the glass industry in the US shows a steady increase from 2024 to 2028, with values projected to rise annually from 223.99 to 239.03 thousand metric tons. Assuming the value for 2023 stood at 220 thousand metric tons, the year-on-year growth rate is consistent, averaging around 1.67% annually for the forecast period. The compound annual growth rate (CAGR) over the five years is approximately 2%.
Future trends to watch include potential influences like technological advancements in glass manufacturing, which could affect lime demand, and any shifts in environmental regulations that may impact lime use in industrial processes.
